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Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is R(x) = 0.006x + 0.04x +0.7x. Currently, Pierce sells 80 lawn chairs daily. a) What is the current daily revenue? b) How much would revenue increase if 85 lawn chairs were sold each day? c) What is the marginal revenue when 80 lawn chairs are sold daily? d) Use the answer from part (c) to estimate R(81), R(82), and R(83). a) The current revenue is $

Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is R(x) = 0.006x + 0.04x +0.7x. Currently, Pierce sells 80 lawn chairs daily. a) What is the current daily revenue? b) How much would revenue increase if 85 lawn chairs were sold each day? c) What is the marginal revenue when 80 lawn chairs are sold daily? d) Use the answer from part (c) to estimate R(81), R(82), and R(83). a) The current revenue is $

Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter12: Quadratic Functions
Section12.8: Joint And Combined Variation
Problem 8P
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Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is R(x) = 0.006x° + 0.04x² + 0.7x. Currently, Pierce sells 80 lawn chairs daily. a) What is the current daily revenue? b) How much would revenue increase if 85 lawn chairs were sold each day? c) What is the marginal revenue when 80 lawn chairs are sold daily? d) Use the answer from part (c) to estimate R(81), R(82), and R(83). ... a) The current revenue is $
Transcribed Image Text:Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is R(x) = 0.006x° + 0.04x² + 0.7x. Currently, Pierce sells 80 lawn chairs daily. a) What is the current daily revenue? b) How much would revenue increase if 85 lawn chairs were sold each day? c) What is the marginal revenue when 80 lawn chairs are sold daily? d) Use the answer from part (c) to estimate R(81), R(82), and R(83). ... a) The current revenue is $
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